Ethereum leaves exchanges: what’s happening?
On monitored exchanges, only 3.49% of the ETH supply remains, according to Santiment. These are some of the lowest levels since the first years of Ethereum’s existence.
Meanwhile, 1.68 million ETH are expected to enter staking, and withdrawals are about 154,000 ETH. The queue to enter is almost 11 times larger.
The coin for quick sale becomes smaller. This does not guarantee a price increase, but it may strengthen it if demand increases.
ETH
2,706.73
+0.85%